Flipkart

Indian officials argued arrangement was meant to avoid tax

The apex court said tax authorities had correctly rejected Tiger Global's application seeking exemption from capital gains tax arising from the transaction

Veteran compliance leader joins e-commerce giant amid efforts to strengthen oversight and institutional leadership ahead of an IPO

Tiger Global and Indian tax authorities have been locked in a legal tussle over its 2018 stake sale in Indian e-commerce company Flipkart to Walmart worth ₹14,440 crore ($1.6 billion)

Arvind Fashions Ltd on Monday said it will acquire Flipkart group's 31.25 per cent stake in Arvind Youth Brands Pvt Ltd for Rs 135 crore. Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name 'Flying Machine'. It had a turnover of Rs 432.16 crore in the financial year ended March 31, 2025, the company said in a regulatory filing. Over the last five years Flying machine has re-established as a well-accepted brand on digital channels. The partnership with the Flipkart group helped Flying Machine become one of the top casual wear brands on digital platforms, catering to the fashion-conscious youth of India, it said in a separate filing. "Our relationship with the Flipkart group will continue ensuring consumers can still shop Flying Machine on its platforms. The brand will also be available to consumers on other digital channels and portals," Arvind Fashions Ltd (AFL) Managing Director & CEO ...

Ecommerce company Flipkart on Friday said it has acquired a majority stake in Minivet AI, an Artificial Intelligence and Machine Learning solutions provider. The acquisition is a strategic move to build and invest in core Generative AI (GenAI) capabilities, at a time when e-commerce is rapidly shifting towards visual, conversational, and AI-led discovery, the Walmart-backed ecommerce firm said in a statement. It, however, did not disclose the financial details of the acquisition, including the quantum of stake bought or size of deal. "Flipkart, India's homegrown e-commerce marketplace, today announced it executed definitive documents to acquire a majority stake in Minivet AI, an innovative AI/ML solutions provider founded in 2024," it said. The latest move is expected to accelerate the transition to a more intuitive, interactive, and immersive shopping experience for e-commerce platforms, including Flipkart, it said. Minivet AI focuses on generative video for e-commerce, transform

Flipkart's proposed public offering would be the second by a Walmart-owned entity after PhonePe, which relocated its domicile to India in October 2022

Multiple industries in India, including food delivery, payments, and paints, are experiencing emerging duopolistic trends

Flipkart Minutes plans to double its dark stores to 1,000 and expand to 60+ cities by early 2025, intensifying the quick-commerce race amid surging demand and rising competition

Reliance Retail Ventures Ltd, the holding entity of the country's leading retailer Reliance Retail, has appointed former Flipkart executive Jeyandran Venugopal as its President & CEO. In his new role, Venugopal will work closely with Isha Ambani, Executive Director of RRVL and the Leadership Team of Reliance Retail, under the overall guidance of Mukesh Ambani and Manoj Modi. Venugopal, who has 25 years of global leadership experience across retail, e-commerce, technology, and business transformation, will strengthen the retail portfolio, accelerate omnichannel growth, and drive technical and operational excellence across the value chain at Reliance Retail. Earlier, Venugopal worked with Walmart's e-Commerce platform Flipkart, where he most recently served as Chief Product and Technology Officer (CPTO), leading large cross-functional teams across Product, Engineering, Design, Data Science, IT, Security, and Infrastructure. Venugopal, whose career reflects managing ...

Flipkart has appointed former Meta executive Dan Neary to its board as it readies a potential IPO filing, signalling push on governance, innovation & operational discipline ahead of a planned listing

E-commerce firm Flipkart on Wednesday said it has reported one of its strongest growth phases in recent years, marked by a sharp rise in customer base, higher order volumes, and deeper participation from Tier-2 and Tier-3 towns. The company said it served over 200 million customers across its ecosystem during the festive season, reflecting its expanding relevance in urban and non-metro India. Overall orders on the platform grew 21 per cent during the festive period, and around 40 per cent year-on-year post-festive period, signalling broad-based consumer confidence and category momentum, the company said in a statement. The festive cycle attracted 101 million customers, with two-thirds of them from non-metro areas - a trend Flipkart said reflects the accelerating shift of smaller towns toward online consumption and category diversification. "The belief that India's consumption story is driven only by metros is outdated. We see multiple Indians shopping on Flipkart: value-conscious .

Following Flipkart, Amazon waives commission for low-cost products, aiming to boost small sellers and online sales

Interest rates on loans for consumer durables from traditional lenders typically range between 12 per cent and 22 per cent

Amazon and Flipkart are updating select product listings so they appear better on ChatGPT and other AI chatbots, as more shoppers use these tools to search, compare and buy products online

Flipkart has removed commissions for products priced below ₹1,000 and extended the model across Shopsy, aiming to attract MSME sellers

E-commerce major Flipkart on Friday introduced a Zero Commission Model for all products priced below Rs 1,000. The new model also extends to Flipkart's hypervalue platform Shopsy, where zero commission now applies to all products irrespective of price, according to a company statement. "Under this updated structure, all eligible sellers listing products below Rs 1,000 will not be charged a commission fee. This initiative is aimed at supporting MSMEs, helping them improve customer affordability while managing the cost of doing business more efficiently. "The zero commission model is now extended to all products on Shopsy, irrespective of price, further solidifying its position as a key enabler for sellers targeting the hypervalue segment and enhancing affordability for customers," Flipkart said, adding that the move could reduce the cost of doing business by up to 30 per cent for sellers. Senior Vice President and Head of Marketplace at Flipkart, Sakait Chaudhary, said the MSME sec

E-commerce firm steps up drive toward a fully electric last-mile network by 2030, launching pilot for long-haul EV trucks on key routes

After seven years with the Flipkart Group, including four at Myntra, CFO Abhishek Gupta to pursue new career opportunities, according to the sources

Meta has confirmed that Ray-Ban Meta Gen 1 smart glasses will be available on Amazon, Flipkart, and Reliance Digital from November 21, expanding beyond Ray-Ban's website